Trump administration weighs banks’ citizenship reporting

Trump administration weighs banks’ citizenship reporting

The Washington Post general

Key Points:

  • The White House is considering measures that would require banks to collect and report additional citizenship information from their customers.
  • This potential policy is part of the Trump administration's broader efforts to enforce stricter immigration controls.
  • The proposal has raised concerns that it could create new obstacles for individuals seeking access to financial services.
  • Sources familiar with the matter indicate the administration may pursue executive action to implement these requirements.

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